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10 Cards in this Set
- Front
- Back
ethics codes are based on control and punishment |
compliance-based |
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ethics codes appeal to the conscience of all employees and rely on a culture of ethical behavior |
integrity-based |
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maximize financial return of investment |
Opponents of CSR |
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maximize value for all stakeholders; make this world a better place |
Proponents of CSR |
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"let the buyer beware" |
Caveat Emptor |
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"let the seller beware" |
Caveat Venditor |
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a systematic evaluation of an organization's progress toward implementing programs that are socially responsible and responsive |
social audit |
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established tax to eliminate externalizing cost of pollution |
carbon tax |
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development of alternative energy sources (and ending subsidies to carbon industry) |
subsidizing |
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the use of alternative sources in energy production (Germany is already doing this) |
mandating |